Annual report pursuant to Section 13 and 15(d)

Intangible Assets

v3.6.0.2
Intangible Assets
12 Months Ended
Dec. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

3. Intangible assets

There were no impairments recorded related to these intangible assets as of December 31, 2016 and 2015.  Amortization expense for intangible assets for the years ended December 31, 2016, 2015 and 2014 was $101, $86 and $150 respectively.

The following tables represent the changes in net carrying values of the intangibles as of the respective dates:

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

estimated

 

Gross

 

 

 

 

 

 

 

 

 

(amounts in thousands)

useful lives

 

carrying

 

 

Accumulated

 

 

 

 

 

December 31, 2016

(in years)

 

amount

 

 

amortization

 

 

Net amount

 

Licenses

10

 

$

185

 

 

$

118

 

 

$

67

 

Patents and websites

5

 

 

873

 

 

 

810

 

 

 

63

 

Commercials

2-3

 

 

287

 

 

 

176

 

 

 

111

 

Total

 

 

$

1,345

 

 

$

1,104

 

 

$

241

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

estimated

 

Gross

 

 

 

 

 

 

 

 

 

(amounts in thousands)

useful lives

 

carrying

 

 

Accumulated

 

 

 

 

 

December 31, 2015

(in years)

 

amount

 

 

amortization

 

 

Net amount

 

Licenses

10

 

$

185

 

 

$

100

 

 

$

85

 

Patents and websites

5

 

 

873

 

 

 

779

 

 

 

94

 

Commercials

2

 

 

174

 

 

 

124

 

 

 

50

 

Total

 

 

$

1,232

 

 

$

1,003

 

 

$

229

 

 

Annual estimated amortization expense for each of the succeeding fiscal years is as follows:

 

 

 

 

 

 

(amounts in thousands)

 

Intangible

 

Years ending December 31,

 

amortization

 

2017

 

$

101

 

2018

 

 

86

 

2019

 

 

33

 

2020

 

 

9

 

2021

 

 

6

 

Thereafter

 

 

6

 

Total

 

$

241